Jim Cramer’s Charitable Trust Plans 10-Share GE Vernova Buy

Jim Cramer’s Charitable Trust announced plans Thursday to buy 10 shares of GE Vernova at about $818 each. If completed, the trade would bring the trust’s holding to 100 shares as investors weigh the cost of expanding data center capacity. The proposed addition would increase GE Vernova’s portfolio weighting to about 2.15%, up from 1.9%. The trust had paused purchases of data center-related stocks for five weeks; its previous purchase was Micron. AI-related semiconductor and industrial stocks fell Thursday as investors focused on how companies would pay for data center expansion.

Source: TokenPost